Could you run this pub in Wigton?
Now is an excellent time to take over and run the Balmoral Hotel as we will enhance its kerb appeal. We’re refreshing the kitchen and outside area with new furniture & fixtures and fittings subject to full approval.
Pub and location
Nestled on a vibrant main road and directly facing the charming community garden, you’ll find the Balmoral Hotel. This inviting establishment has the potential to become a beloved local hotspot.
Take over a pub with a lovely outdoor drinking area at the front where guests can enjoy refreshing drinks while soaking up the sun. Plus, the spacious, open-plan design of the pub offers incredible versatility. You can create a cosy dining area to showcase a tasty food menu. Also, take advantage of the empty catering kitchen on-site, which is a rare opportunity to elevate the pub experience.
Currently set up with a pool room, there’s potential to rearrange the space for better access to the dumbwaiter. Streamlining food service will enhance your customers’ experience.
Plus, four caravan parks nearby bring in a steady flow of tourists from Easter through the October school holidays. You have a fantastic opportunity to attract visitors looking for a welcoming place to unwind after a day of exploration.
Accommodation
This excellent business opportunity provides three private bedrooms, a kitchen and a lounge.
About the Agreement
We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.
Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options as well as flexible price bands and release fees which are available.
Whatever the agreement, with Punch you always get:
A progressive pub company – winners of the Publican Awards 2022 & 2024!
Industry leading investment with a whole world of possibilities
Industry leading training, with our Academy and Kitchen
Industry leading e-commerce platform – Punch Buying Club
Expert coaching and advice every step of the way
Financial Information
Deposit
£5,500
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£84
Working Capital
£4,000 – £6,000
Business Information
Annual Rent
£22,000
Forecasted Annual Wet Turnover
£279,466
Forecasted Annual Food Turnover
£51,808
Forecasted Annual Other Turnover
£3,690
Agreement
Flexible Tenancy
Ideal Publican
We are seeking a talented Publican with a vision for this pub. You’ll know how to ingratiate yourself and your pub business into the community. You’ll also be a sports enthusiast who knows how to realise the potential of a new food business.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
